Like WABI and WCJB TV Stations

announced 2/16/2017 via PR Newswire

Gray Television, Inc., will purchase WABI and WCJB TV Stations from Diversified Communications

synopsis: Gray Television, Inc., a television broadcast company headquartered in Atlanta, Georgia, announced that it will acquire Diversified Communications's two television stations . This acquisition will add two more stations to Gray's growing portfolio: WABI (CBS/CW) in the Bangor, Maine market and WCJB (ABC/CW) in the Gainesville, Florida market.
buyer: Gray Television, Inc. (GTN:$2,138.00)
Gray Television is a television broadcast company headquartered in Atlanta, Georgia, that owns and operates television stations and leading digital assets in markets throughout the US. They own and operate television stations in 50 television markets broadcasting a total of 180 programming streams. "
seller: Diversified Communications
WABI and WCJB are TV stations ownd by Diversified Communications. WABI is a CBS affiliate in Bangor, Maine. WCJB is an ABC affiliate in Gainesville, Florida. Each of WABI and WCJB consistently achieves #1 ratings in all major dayparts in its market, in both households and key demos.
price ($mm)
$85
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closed 4/30/2020 via Company Press Release

Prestige Media Group S.A., acquired Rundschau Medien

synopsis: Prestige Media Group SA acquires Rundschau Medien AG, bringing together the strengths of a family-run company in Switzerland and the potential of a global company in Paris creates new synergies. Rundschau Medien AG, based in Muttenz, has been producing very high quality lifestyle and recognized trade specialist magazines in the print sector.
buyer: Prestige Media Group S.A.
Prestige Media Group SA is a global media investment holding. Our flagship company is Rundschau Medien AG in Switzerland which is a digital and print media company that has been producing high-quality lifestyle and recognized specialist magazines for 14 years. "
target: Rundschau Medien
Rundschau Medien AG, based in Muttenz, has been producing very high quality lifestyle and recognized trade specialist magazines in the print sector for over 15 years. They attach great importance to editing, content, graphics, haptics and material of the magazines (high gloss).
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closed 2/22/2019 via Company Press Release

Endeavor Business Media, LLC, purchased Multiple Operating Units from PennWell Corporation

synopsis: Endeavor Business Media has announced the acquisition of a number of the former PennWell media properties from Clarion Events including titles covering the oil and gas industry, industrial technology, dentistry, and water utilities.
buyer parent: Resolute Capital Partners
buyer: Endeavor Business Media, LLC
Endeavor Business Media, LLC was formed in late 2017 to acquire and operate trade publications, websites and events. From e-newsletters to monthly magazines to live in-person events, the company provides the best opportunities for readers to stay knowledgeable and B2B advertisers to remain relevant."
seller parent: Blackstone Group LP
seller: PennWell Corporation
The multiple operating units of PennWell include titles covering the oil and gas industry, industrial technology, dentistry, and water utilities. PennWell Corporation is a highly diversified business-to-business media and conference and exhibition company.
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closed 12/23/2018 via BNC Analysis

Endeavor Business Media, LLC, acquired Forester Media Inc.

synopsis: Endeavor Business Media, a business-to-business media company, has acquired Forester Media is a media company that publishes trade magazines and produces live events and conferences. Forester Media produces StormCon, a North American surface water quality conference and exposition. Their magazines cover energy efficiency, soil erosion, and more.
buyer parent: Resolute Capital Partners
buyer: Endeavor Business Media, LLC
Endeavor Business Media, LLC was formed in late 2017 to acquire and operate trade publications, websites and events. From e-newsletters to monthly magazines to live in-person events, the company provides the best opportunities for readers to stay knowledgeable and B2B advertisers to remain relevant."
target: Forester Media Inc.
Forester Media is a media company that publishes award-winning trade magazines and produces live events and conferences. StormCon is a North American surface water quality conference and exposition. Their magazines cover energy efficiency, soil erosion, excavating, solid waste management, and more.
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closed 11/18/2018 via BusinessWire

Gemspring Capital, acquired Bobit Business Media

synopsis: Gemspring Capital, a middle-market private equity firm, is pleased to announce an affiliate has acquired the assets of Bobit Business Media Inc., a leading B2B media company. They are a diversified company with print publications, live events, websites, research, custom content development and marketing solutions.
buyer: Gemspring Capital
Gemspring Capital is a private equity firm specializing in lower middle market companies. With $355 million of equity capital under management, they provide flexible capital and partner with talented management teams to propel companies to grow and achieve their full potential. "
target: Bobit Business Media
Bobit Business Media is a Southern California-based national leader in B2B media. They are a diversified company with print publications, live events, websites, research, custom content development and marketing solutions.
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closed 8/21/2018 via BusinessWire

Emerald Expositions Inc., purchased Technology Brands from EH Media

synopsis: Emerald Expositions Events, Inc., a leading U.S. business-to-business trade show, event and conference producer, announced the acquisition of a leading technology event and a group of complementary technology intelligence brands from EH Media.
buyer parent: Onex Corporation
buyer: Emerald Expositions Inc. (NYSE:EEX:$323.20)
Emerald Expositions is the largest operator of business-to-business trade shows in the United States by net square feet, with most of their trade shows dating back several decades. Emerald Expositions operates more than 55 trade shows, as well as numerous other events. "
seller: EH Media
EH Media has a powerful portfolio of B2C and B2B media products that reach their highly-engaged audiences. The Technology Brands from EH Media include Total Tech Summit, CEPro, Commercial Integrator, Security Sales & Integration and Campus Safety.
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closed 4/4/2018 via PR Newswire

Clarion Events, Ltd., acquired PennWell Corporation

synopsis: Clarion Events, one of the world's leading events organizers, announces the acquisition of PennWell Corporation, a privately-held events and business-to-business media and marketing services company. PennWell publishes over 130 print and online magazines and newsletters. They conduct 40 conferences and exhibitions on six continents.
buyer parent: Blackstone Group LP
buyer: Clarion Events, Ltd.
Clarion Events is one of the oldest independent event organizers in the UK. The teams at Clarion create uniquely effective and stimulating environments that can serve as a platform to build businesses, enhance customer relationships and accelerate product awareness. "
target: PennWell Corporation
PennWell is a highly diversified business-to-business media and conference and exhibition company that provides quality content and integrated marketing solutions. PennWell publishes over 130 print and online magazines and newsletters. They conduct 40 conferences and exhibitions on six continents.
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closed 4/4/2018 via PR Newswire

Future plc, acquired NewBay Media LLC

synopsis: Future plc, the global platform for specialist media, has acquired NewBay Media LLC. NewBay is an information and events business. It has a substantial B2B portfolio operating in verticals including Electronics and Education, and TV and Audio, where it publishes Broadcasting & Cable, the leading voice of authority in the television industry.
buyer: Future plc (LSE:FUTR:$333.17)
Future plc is an international media group and leading digital publisher. The Group operates two separately managed brand-led divisions: Media and Magazine. The Group has a reach of 100m+ globally, including 62m online users and 63m social media reach. "
target: NewBay Media LLC
NewBay is an information and events business. It has a substantial B2B portfolio operating in verticals including Electronics and Education, and TV and Audio, where it publishes Broadcasting & Cable, the leading voice of authority in the television industry.
price ($mm)
$14
rev ($mm)
EBITDA ($mm)
$4
EV / rev
EV / EBITDA
4.6x
closed 2/16/2016 via BNC Analysis

TowerBrook Capital Partners, L.P., acquired InfoPro Digital

synopsis: French private equity firm Apax Partners, along with Infopro’s management team, sold the majority interest in the company. France-based Infopro Digital works across several sectors including, construction, automotive, manufacturing, insurance and finance, retailing, tourism and local authorities.
buyer: TowerBrook Capital Partners, L.P.
TowerBrook Capital Partners L.P. is an investment management firm with approximately $4.5 billion of capital under management. With offices in New York, London and San Francisco, the firm focuses on making investments in North American and European companies. "
target parent: Apax Partners
target: InfoPro Digital
Infopro Digital is a leading French business information group. The group covers five key segments of the economy: car manufacturing, insurance and finance, retailing and tourism.
price ($mm)
rev ($mm)
$334
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
announced 2/10/2016 via BNC Analysis

Independent News & Media PLC, will purchase four magazines from Greer Publications

synopsis: The key titles within the privately-owned business and consumer magazines group Greer Publications have been bought by Independent News & Media. It is understood the Belfast Telegraph's parent firm will take over the running of Ulster Business, Ulster Grocer, Hospitality Review NI and Northern Woman.
buyer: Independent News & Media PLC (ISE:IPD:$214.78)
Independent News & Media PLC, a newspaper and media company, engages in printing and publishing national, metropolitan, provincial, and regional newspapers in Australia, the Island of Ireland, New Zealand, and South Africa. "
seller: Greer Publications
The four magazines are Ulster Business, Ulster Grocer, Hospitality Review NI and Northern Woman which serve Northern Ireland professionals in financial, legal and IT sectors; food retailing industry; tourism sector; and fashion conscious consumers respectively.
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closed 1/20/2016 via Company Press Release

Sourcing Industry Group, acquired Outsource Magazine

synopsis: Outsource has been acquired by the Sourcing Industry Group (SIG). Outsource is an indispensable resource providing news, views, analysis and thought-leadership for the global outsourcing community since 2005 – and now with even more added value online.
buyer: Sourcing Industry Group
SIG (Sourcing Industry Group) is a membership organization that provides thought leadership and networking opportunities to executives in sourcing, procurement and outsourcing from Fortune 500 and Global 1000 companies. "
target: Outsource Magazine
Outsource is an indispensable resource providing news, views, analysis and thought-leadership for the global outsourcing community since 2005 – and now with even more added value online.
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closed 11/11/2014 via PR Newswire

Consumibles eMagazine merged with Recycling Times Media Inc.,

synopsis: Recycling Times Media (RT Media) has successfully negotiated a merger with another print consumables media company, Spanish-based Consumibles E-Magazine. Consumibles E-Magazine is the principal source of information in Spanish about the remanufacturing industry and has accumulated over 3,000 readers and browsers.
buyer: Recycling Times Media Inc.
Recycling Times Media is a reliable provider of news and business opportunities in the global remanufacturing industry. They aim to provide the best digital printing experience with their monthly magazine Recycling Times, published in several languages, and their inTouch TV News app. "
target: Consumibles eMagazine
Consumibles E-Magazine is the principal source of information in Spanish about the remanufacturing industry. They have developed a loyal following in excess of 3,000 Spanish speaking readers and browsers.
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closed 10/14/2014 via PR Newswire

PennWell Corporation, acquired Revo Media Partners Limited

synopsis: PennWell Corporation, a diversified global media and information company, announced that it has acquired a 51% interest in Revo Media Partners Limited, owner of LuxLive, the UK's largest dedicated lighting event, and Lux Magazine and Lux Review, the leading trade publications in the energy efficiency lighting space.
buyer: PennWell Corporation
Founded in 1910 in Tulsa, Oklahoma, PennWell Corporation is a privately held and highly diversified business-to-business media and information company that provides quality content and integrated marketing solutions. "
target: Revo Media Partners Limited
Revo Media Partners Limited is the owner of LuxLive, the UK's largest dedicated lighting event, and Lux Magazine and Lux Review, the leading trade publications in the energy efficiency lighting space.
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closed 11/5/2013 via Company Press Release

EH Publishing, Inc, purchased Two Magazines from Bobit Business Media

synopsis: EH Publishing, Inc. has purchased Security Sales & Integration (SSI) and Campus Safety magazines from Bobit Business Media, Inc. SSI is a leading trade publication for residential and commercial security dealers, while Campus Safety serves security officials and administrators at schools and hospitals.
buyer: EH Publishing, Inc
EH Publishing, Inc. is the information leader and resource for the electronic home industry. Serving the technology and construction markets, EH Publishing, Inc. reaches more than half a million electronic home professionals and consumers worldwide. "
seller: Bobit Business Media
Security Sales & Integration (SSI) and Campus Safety (CS) publish magazines, enewsletters and websites. SSI serves the security installing contractors that provide systems and services. CS serves the public safety and security decision-makers at hospitals, K-12 schools, colleges and universities.
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announced 9/8/2013 via BNC Analysis

MM Activ, will purchase BioSpectrum from Cyber Media (India) Limited

synopsis: Cyber Media (India) Ltd. and MM Activ Sci-Tech Communications Pvt. Ltd have announced that they have entered into an Agreement for acquisition by MM Activ, the publishing rights, title and interest in CyberMedia's media property "BioSpectrum". BioSpectrum is India's first monthly comprehensive Biotech business magazine.
buyer: MM Activ
MM Activ Sci-Tech Communications is engaged in the areas of frontier science & technology through its four key business verticals- Events, Media, Partnering and Advisory. MM Activ Sci-Tech is leveraging interaction amongst Industry, Scientific fraternity, academia, policy makers and opinion leaders."
seller: Cyber Media (India) Limited
BioSpectrum is an Indian Biotech magazine which focuses in the field of BioPharma, BioAgriculture, BioInformatics, BioIndustrial, BioSuppliers and BioServices.
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closed 12/5/2019 via BNC Analysis

Tarsus Group plc, acquired Smarter Shows

synopsis: Tarsus, the global B2B media group, has announced that it has completed the acquisition of Smarter Shows; the UK-based exhibition and conference organizer. Smarter Shows has built a highly-focused portfolio of B2B supply chain exhibitions and technical conferences with a focus on the aerospace, automotive and materials industries.
buyer: Tarsus Group plc
Tarsus Group Ltd is a media group engaged in exhibitions and associated conferences, publishing, education and Internet activities. Since its formation in 1998, Tarsus has built a diverse portfolio of leading brands that span a wide range of industries and geographies. "
target: Smarter Shows
Smarter Shows has built a highly-focused portfolio of B2B supply chain exhibitions and technical conferences held in North America and Germany with a focus on the aerospace, automotive and materials industries. Events include FOAM Expo, Space Tech Expo, Ceramics Expo, and other niche events.
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closed 9/14/2018 via BNC Analysis

Tarsus Group plc, acquired EJ Krause de Mexico

synopsis: Tarsus Group Ltd, a business conferences and exhibitions firm, has acquired the remaining 50% stake in E.J. Krause de Mexico (EJK de Mexico, EJK Tarsus Mexico). Since 1991, EJK de Mexico has produced the most important annual exhibitions and conferences in strategic industries in Mexico.
buyer: Tarsus Group plc
Tarsus Group Ltd is a media group engaged in exhibitions and associated conferences, publishing, education and Internet activities. Since its formation in 1998, Tarsus has built a diverse portfolio of leading brands that span a wide range of industries and geographies. "
target parent: E.J. Krause & Associates, Inc.
target: EJ Krause de Mexico
E.J. Krause de Mexico (EJK de Mexico, EJK Tarsus Mexico) is joint venture between E.J. Krause & Associates and Tarsus Group plc. Since 1991, EJK de Mexico has produced the most important annual exhibitions and conferences in strategic industries in Mexico.
price ($mm)
$18*
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closed 10/25/2017 via PR Web

Drone World Expo merged with Commercial UAV Expo,

synopsis: Diversified Communications announced that they have acquired Drone World Expo from JD Events. Drone World Expo will merge with the Commercial UAV Expo to create the largest and most important commercial drone event in North America. Drone World Expo is the defining event for the commercial applications of unmanned aircraft system technology.
buyer parent: Diversified Communications
buyer: Commercial UAV Expo
Commercial UAV Expo is North America’s leading trade show and conference for the commercial drone market. The international Exhibition includes drone airframe manufacturers, component and sensor manufacturers, software developers and service companies. "
target parent: JD Events
target: Drone World Expo
Drone World Expo is the defining event for the commercial applications of unmanned aircraft system technology. Thought leaders, industry experts and end-users gather at Drone World Expo in the heart of Silicon Valley to present real-world solutions to business and environmental challenges.
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closed 6/7/2016 via BusinessWire

Wasserstein & Co., LP, acquired Northstar Travel Group, LLC

synopsis: Wasserstein Partners acquired Northstar Travel Group, the leading provider of business-to-business information, content, events, data, research, custom content and software dedicated to the global travel and meeting industries, from the Wicks Group of Companies. Northstar owns well-known brands including Travel Weekly, TravelAge West, and others.
buyer: Wasserstein & Co., LP
Wasserstein & Co. is an independent private equity/investment firm that was founded January 2001 when the merchant banking group of Wasserstein Perella & Co., Inc., a global investment banking firm, spun out to become an independent firm upon the acquisition of Wasserstein Perella by Dresdner Bank. "
target parent: Wicks Group of Companies
target: Northstar Travel Group, LLC
Northstar Travel Group is the leading B-to-B information and marketing solutions company serving all segments of the travel industry including leisure/retail, corporate/business travel, meetings and incentives, and travel technology.
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announced 10/1/2014 via BusinessWire

United Business Media Limited, will acquire Advanstar Communications Inc.

synopsis: Advanstar Communications Inc., a leading U.S. media company providing integrated marketing solutions for the Fashion, Licensing, Life Sciences, and Powersports industries, announced the signing of a definitive agreement under which UBM plc will acquire Advanstar Communications.
buyer: United Business Media Limited (LSE:UBM:$1,333.50)
UBM plc is a leading global events-led marketing services and communications company. They help organisations make connections, communicate their proposition and do business effectively. "
target parent: Veronis Suhler Stevenson
target: Advanstar Communications Inc.
Advanstar is an event and marketing services business that serves business professionals and consumers in the Fashion, Licensing, Life Sciences and Powersports industries with its portfolio of 54 trade shows, 100 conferences, 30 publications, and almost 200 electronic products and Web sites.
price ($mm)
$972
rev ($mm)
$291
EBITDA ($mm)
$83
EV / rev
3.3x
EV / EBITDA
11.7x
closed 3/18/2020 via GlobeNewswire

Diversified Communications, acquired Energy Storage North America

synopsis: Diversified Communications, a leading international media company, has acquired Energy Storage North America (ESNA), the largest conference, exhibition and networking event for grid storage in North America. ESNA connects utilities, developers, energy users, and other key stakeholders to advance understanding and deployment of energy storage.
buyer: Diversified Communications
Diversified Communications is a leading international media company with a portfolio of face-to-face exhibitions and conferences, online communities and digital and print publications. Diversified Communications connects, educates and strengthens business communities in over 15 industries. "
target: Energy Storage North America
Energy Storage North America (ESNA) is the largest conference, exhibition and networking event covering all applications of grid storage in North America. ESNA connects utilities, developers, energy users, and other key stakeholders to advance understanding and deployment of energy storage.
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closed 2/7/2020 via Company Press Release

Diversified Communications, acquired AquacultureUK Ltd

synopsis: Diversified Communications announced the acquisition of Aquaculture UK – the UK’s leading trade show dedicated to the growing aquatic food sector. Aquaculture UK has grown rapidly and has become established as the must-attend event for the industry. 
buyer: Diversified Communications
Diversified Communications is a leading international media company with a portfolio of face-to-face exhibitions and conferences, online communities and digital and print publications. Diversified Communications connects, educates and strengthens business communities in over 15 industries. "
target parent: Benchmark Holdings plc
target: AquacultureUK Ltd
Aquaculture UK is the UK’s leading trade show dedicated to the growing aquatic food sector. Aquaculture UK has grown rapidly and has become established as the must-attend event for the industry. The 2020 edition in Scotland, is expected to draw over 3,000 attendees and 200 exhibitors.
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closed 3/7/2019 via Company Press Release

Diversified Communications, purchased Three North American Energy Events from Solar Promotion International GmbH

synopsis: Diversified Communications acquired three North American events – Intersolar, ees (electrical energy storage) and Power2Drive North America – from German-based organizer, Solar Promotion International. Intersolar is a solar technology event. ees is an event for electrical energy storage. Power2Drive is an exhibition for electromobility.
buyer: Diversified Communications
Diversified Communications is a leading international media company with a portfolio of face-to-face exhibitions and conferences, online communities and digital and print publications. Diversified Communications connects, educates and strengthens business communities in over 15 industries. "
seller: Solar Promotion International GmbH
The three North American events include Intersolar, ees (electrical energy storage) and Power2Drive North America. Intersolar is a solar technology event. ees is the leading exhibition for electrical energy storage. Power2Drive is an exhibition for charging infrastructure and electromobility.
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closed 5/18/2018 via Company Press Release

Diversified Communications, purchased The Running Event and Running Insight from Formula 4 Media

synopsis: Diversified has purchased The Running Event and its complementary digital magazine, Running Insight from Formula 4 Media, LLC. The Running Event is an exhibition and conference that serves the growing running and fitness market in the U.S.
buyer: Diversified Communications
Diversified Communications is a leading international media company with a portfolio of face-to-face exhibitions and conferences, online communities and digital and print publications. Diversified Communications connects, educates and strengthens business communities in over 14 industries. "
seller: Formula 4 Media
The Running Event is an exhibition and conference that serves the growing running and fitness market in the U.S. The Running Insight digital magazine provides the necessary year round content and marketing opportunities for running specialty and multi-sport retailers.
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closed 1/31/2018 via Company Press Release

Diversified Communications UK Ltd., acquired London Design Fair

synopsis: Diversified Communications UK Ltd., a trade exhibition and media group in the United Kingdom, has acquired Tent Exhibitions Ltd., a UK company that owns and operates the London Design Fair. Top trade professionals attend the London Design Fair to see and specify the latest furniture, lighting, textiles, materials and conceptual installations.
buyer parent: Diversified Communications
buyer: Diversified Communications UK Ltd.
Diversified Communications UK Ltd. organizes events and provides publications for international organizations and regional start-ups in the United Kingdom. It organizes consumer events; and publishes magazines and eMedia products. "
target: London Design Fair
Tent Exhibitions Ltd. is a UK company that owns and operates the London Design Fair. The London Design Fair is an established trade and consumer event. Top trade professionals attend to see and specify the latest furniture, lighting, textiles, materials and conceptual installations.
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closed 1/24/2018 via GlobeNewswire

Human Resource Executive, acquired HRM Asia

synopsis: Human Resource Executive® (HRE) magazine, organizer of the award-winning HR Technology Conference & Exposition®, announced the acquisition of Singapore-based HRM Asia Pte Ltd., a business unit of Diversified Communications. HRM Asia provides specialty publications, websites, events and business conferences focused on the needs of HR professionals.
buyer parent: LRP Publications, LLC
buyer: Human Resource Executive
Human Resource Executive® magazine is a print and online publication covering important HR subjects such as HR technology, employee engagement, performance management, organizational leadership and career development. "
target parent: Diversified Communications
target: HRM Asia
One of Asia-Pacific's leading media companies, HRM Asia provides specialty publications, websites, events and business conferences focused on the needs of HR professionals, senior executives and business leaders.
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closed 10/25/2017 via PR Web

Drone World Expo merged with Commercial UAV Expo,

synopsis: Diversified Communications announced that they have acquired Drone World Expo from JD Events. Drone World Expo will merge with the Commercial UAV Expo to create the largest and most important commercial drone event in North America. Drone World Expo is the defining event for the commercial applications of unmanned aircraft system technology.
buyer parent: Diversified Communications
buyer: Commercial UAV Expo
Commercial UAV Expo is North America’s leading trade show and conference for the commercial drone market. The international Exhibition includes drone airframe manufacturers, component and sensor manufacturers, software developers and service companies. "
target parent: JD Events
target: Drone World Expo
Drone World Expo is the defining event for the commercial applications of unmanned aircraft system technology. Thought leaders, industry experts and end-users gather at Drone World Expo in the heart of Silicon Valley to present real-world solutions to business and environmental challenges.
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closed 9/6/2017 via Company Press Release

N. Harris Computer Corporation, acquired Amazing Charts

synopsis: Constellation Software Inc. announced its wholly-owned division N. Harris Computer Corporation has acquired Amazing Charts, LLC, a business providing Electronic Medical Record (EHR), Practice Management (PM) software and Medical Billing services to primary care and specialty outpatient practices.
buyer parent: Constellation Software, Inc.
buyer: N. Harris Computer Corporation
Since 1976, Harris has focused on providing feature-rich and robust turnkey solutions to Public Sector, Schools, Utility, and Health Care agencies. Harris’ focus is on creating long-term relationships with its customers and ensuring that it meets the changing needs of its customers over time. "
target parent: Diversified Communications
target: Amazing Charts
Amazing Charts provides Electronic Health Records (EHR/EMR), Practice Management, and other Health IT solutions to healthcare practices. Based on number one user ratings for usability, fair pricing, and overall satisfaction, Amazing Charts EHR has been adopted by more than 11,000 clinicians.
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announced 2/16/2017 via PR Newswire

Gray Television, Inc., will purchase WABI and WCJB TV Stations from Diversified Communications

synopsis: Gray Television, Inc., a television broadcast company headquartered in Atlanta, Georgia, announced that it will acquire Diversified Communications's two television stations . This acquisition will add two more stations to Gray's growing portfolio: WABI (CBS/CW) in the Bangor, Maine market and WCJB (ABC/CW) in the Gainesville, Florida market.
buyer: Gray Television, Inc. (GTN:$2,138.00)
Gray Television is a television broadcast company headquartered in Atlanta, Georgia, that owns and operates television stations and leading digital assets in markets throughout the US. They own and operate television stations in 50 television markets broadcasting a total of 180 programming streams. "
seller: Diversified Communications
WABI and WCJB are TV stations ownd by Diversified Communications. WABI is a CBS affiliate in Bangor, Maine. WCJB is an ABC affiliate in Gainesville, Florida. Each of WABI and WCJB consistently achieves #1 ratings in all major dayparts in its market, in both households and key demos.
price ($mm)
$85
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closed 11/17/2015 via Market Wire

Human Resource Executive, acquired Recruiting Trends Conference

synopsis: Human Resource Executive, a magazine company that focuses their publication on strategic issues in HR, announced the acquisition of Recruiting Trends Conference. The Recruiting Trends Conference offers a fast-paced mix of engaging presentations, focused workshops, peer-to-peer discussion, and great networking events.
buyer parent: LRP Publications, LLC
buyer: Human Resource Executive
Human Resource Executive® Magazine was established in 1987 and continues today as the premier publication focused on strategic issues in HR. The magazine provides key decision-makers with news, profiles of HR visionaries and success stories of human resource innovators. "
target parent: Diversified Communications
target: Recruiting Trends Conference
The Recruiting Trends Conference offers a fast-paced mix of engaging presentations, focused workshops, peer-to-peer discussion, and great networking events all in a highly interactive, dynamic learning environment. Sessions are presented by recruiting executives at large organizations.
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closed 3/4/2015 via BNC Analysis

Diversified Communications, acquired The Sleeter Group, Inc.

synopsis: Diversified Communications announced the acquisition of The Sleeter Group, Inc. The Sleeter Group, Inc. operates a membership community that provides professional training and development through an annual conference, membership networking forums, webinars, books, exams, newsletters, blogs and research services.
buyer: Diversified Communications
Diversified Communications, a global media and marketing services company headquartered in Portland, Maine, USA provides information and market access through face-to-face events, publications, and eMedia. "
target: The Sleeter Group, Inc.
The Sleeter Group, Inc. operates a membership community that provides professional training and development through an annual conference, membership networking forums, webinars, books, exams, newsletters, blogs and research services.
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closed 10/18/2014 via PR Web

Diversified Communications, acquired HRM Asia

synopsis: Diversified Communications announced the acquisition of media company HRM Asia of Singapore. The acquisition adds HR Summit, Asia’s largest human resources event, as well as the HRM Congress series, HRM Magazine and HRM Online to Diversified’s portfolio of over 175 events, eMedia products and print magazines.
buyer: Diversified Communications
Diversified Communications is a growing global media company. As producers of international trade and consumer events, conferences, publications and eMedia Diversified Communications is in business to support and build innovative, effective business communities. "
target: HRM Asia
One of Asia-Pacific's leading media companies, HRM Asia provides specialty publications, websites, events and business conferences focused on the needs of HR professionals, senior executives and business leaders.
price ($mm)
$6.91
rev ($mm)
$4
EBITDA ($mm)
EV / rev
1.9x
EV / EBITDA
closed 7/3/2014 via BNC Analysis

Diversified Communications UK Ltd., acquired Expo Management

synopsis: Expo Management has been acquired by Diversified Communications UK. Expo Management organizes several events including the Euro Bus Expo exhibition, Coach and Bus Live, and Best of Britain & Ireland. The publishing side of the business includes the industry’s trade magazines as well as the leading industry directory, websites, apps, etc.
buyer parent: Diversified Communications
buyer: Diversified Communications UK Ltd.
Diversified Communications UK Ltd. organizes events and provides publications for international organizations and regional start-ups in the United Kingdom. It organizes consumer events; and publishes magazines and eMedia products. "
target: Expo Management
Expo Management organizes several events including the Euro Bus Expo exhibition, Coach and Bus Live, and Best of Britain & Ireland. The publishing side of the business includes the industry’s trade magazines as well as the leading industry directory, websites, apps and other publishing activity.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/22/2014 via Company Press Release

Diversified Communications, acquired Kavin Intertrade Co., Ltd.

synopsis: Diversified Communications has acquired Kavin Intertrade Co. Ltd., a leading international exhibition organizer in Thailand. This acquisition adds 7 events, both business and consumer, to Diversified’s event portfolio; and establishes a new operating division in Thailand, and adds 20 employees.
buyer: Diversified Communications
Diversified Communications is a growing global media company. As producers of international trade and consumer events, conferences, publications and eMedia Diversified Communications is in business to support and build innovative, effective business communities. "
target: Kavin Intertrade Co., Ltd.
Kavin Intertrade produces international trade exhibitions. Its show portfolios include Thailand Franchise & Business Opportunities (TFBO), Thailand Retail, Food & Hospitality Services (TRAFS), Thai Franchise & SME Expo (FSE), Thailand Coffee Tea & Drinks, Travel Thailand Travel World and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/16/2013 via Company Press Release

Diversified Business Communications, acquired The Institute of Finance & Management

synopsis: Diversified Business Communications acquired the Institute of Finance and Management (IOFM). IOFM is a leading resource for information and tools in corporate financial management, accounts payable, credit, receivables & collections, corporate recruiting, and corporate security and safety. It produces the largest accounts payable events in the US.
buyer: Diversified Business Communications
Diversified Business Communications provides information and market access through trade shows, publications and eMedia products. Diversified serves a number of markets, including health and medical, commercial marine, food and ethnic food, seafood and natural products. "
target parent: Greenhaven Partners
target: The Institute of Finance & Management
The Institute of Finance & Management ("IOFM") is the leading resource for information and tools in corporate financial management, accounts payable, credit, receivables & collections, corporate recruiting, and corporate security and safety.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/10/2013 via BNC Analysis

Diversified Business Communications, acquired Intelligent Exhibitions

synopsis: Diversified Business Communications UK has purchased Intelligent Exhibitions. Intelligent Exhibitions Limited operates as an exhibition and conference organizer that focuses on science and technology-based events in the United Kingdom and internationally.
buyer: Diversified Business Communications
Diversified Business Communications provides information and market access through trade shows, publications and eMedia products. Diversified serves a number of markets, including health and medical, commercial marine, food and ethnic food, seafood and natural products. "
target: Intelligent Exhibitions
Intelligent Exhibitions is an international exhibition and conference organiser with a strong track record in delivering specialist, science and technology-focused international events.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/19/2012 via BusinessWire

Pri-med, LLC, acquired Amazing Charts

synopsis: Pri-Med, the leading provider of professional medical education to a community of more than 260,000 clinicians, announced the purchase of Amazing Charts, a leading provider of electronic health records to independent medical practices.
buyer parent: Diversified Business Communications
buyer: Pri-med, LLC
Pri‐Med is an operating division of Diversified Business Communications. Based in Boston, Mass., the organization has been a trusted source for professional medical education to over 260,000 clinicians since 1995. "
target: Amazing Charts
Amazing Charts provides Electronic Health Records and services to healthcare practices. Based on number one user ratings for usability, fair pricing, and overall satisfaction, Amazing Charts has been implemented in over 5,600 practices, and continues to add over 70 new practices a month.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/26/2009 via BusinessWire

Money Show, purchased Two Investor Conferences from Diversified Business Communications

synopsis: Money Show, the world’s leading producer of investment tradeshows and cruises, announced that it has concluded an agreement to acquire The Financial Forum and CTAS conferences from Diversified Business Communications.
buyer: Money Show
Money Show, a global network of investment and trading education, is a privately held company headquartered in Sarasota, Florida, USA, which recently changed its name from InterShow. "
seller: Diversified Business Communications
Diversified Business Communications provides information and market access through trade shows, publications and eMedia products. Diversified serves a number of markets, including health and medical, commercial marine, food and ethnic food, seafood and natural products.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/25/2007 via Company Press Release

Diversified Business Communications, purchased The World Conference on Disaster Management from Canadian Centre for Emergency Preparedness

synopsis: Trade show organizer Diversified Business Communications Canada is acquiring The World Conference on Disaster Management, Canada’s premier conference in the Emergency Management and Business Continuity industries, from the Canadian Centre for Emergency Preparedness (CCEP).
buyer: Diversified Business Communications
Diversified Business Communications provides information and market access through trade shows, publications and eMedia products. Diversified serves a number of markets, including health and medical, commercial marine, food and ethnic food, seafood and natural products. "
seller: Canadian Centre for Emergency Preparedness
The Canadian Centre for Emergency Preparedness (CCEP) is a not-for-profit organization that improves the capabilities of those with responsibility for disaster management through the development and transfer of knowledge.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/1/2007 via BNC Analysis

Hugger Event Management, purchased Fish Expo Atlantic from Diversified Business Communications

synopsis: Portland, ME-based Hugger Event Management LLC has acquired Fish Expo Atlantic, a biennial East coast commercial fishing trade show and conference, from Diversified Business Communications.
buyer parent: Diversified Business Communications
buyer: Hugger Event Management
Hugger Event Management produces SAWLEX, a regional trade show for forestry equipment buyers in South Carolina. The company also provides marketing services to a variety of trade and consumer shows, including the International Boatbuilders' Exhibition & Conference (IBEX). "
seller: Diversified Business Communications
Diversified Business Communications provides information and market access through trade shows, publications and eMedia products. Diversified serves a number of markets, including health and medical, commercial marine, food and ethnic food, seafood and natural products.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/28/2020 via BNC Analysis

Gray Television, Inc., acquired KATH-TV and KSCT-TV

synopsis: GCI subsidiary Denali Media Holdings has announced the sale of its NBC affiliates in southeast Alaska to Gray Television. The sale includes KATH and KSCT stations in the Juneau and Sitka markets. Denali Media Holdings was established in 2012 and owns KTVA (CBS) in Anchorage along with three CBS stations in Juneau, Sitka and Ketchikan.
buyer: Gray Television, Inc. (GTN:$2,138.00)
Gray owns and/or operates television stations and leading digital properties in 91 television markets, including the first or second highest rated television station in 85 markets. "
target parent: General Communication, Inc
target: KATH-TV and KSCT-TV
KATH and KSCT serve NBC "Must See TV" to viewers in Alaska's capital city of Juneau, as well as to Sitka, Ketchikan, Petersburg, Wrangell, Angoon and other communities throughout Southeast Alaska, via broadcast, GCI cable, DishNet and DirecTV.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/8/2019 via PE Hub

Diversis Capital, Stage 1 Ventures, acquired PureCars

synopsis: Private equity and venture capital firms Diversis Capital, LLC, and Stage 1 Ventures, LLC has acquired PureCars from Raycom Media, one of America's largest privately owned media companies. PureCars is a leader in marketing automation and business intelligence for the automotive industry.
buyer: Diversis Capital
buyer: Stage 1 Ventures
Diversis Capital, LLC is a private equity firm that invests in lower and middle-market companies. Stage 1 Ventures is an early stage venture capital firm that is seeking to build partnerships with great entrepreneurs that are flexible and who want to build meaningful companies. "
target parent: Gray Television, Inc.
target: PureCars
PureCars is a data-driven technology company founded on providing automotive dealers with industry-leading marketing automation and services. PureCars provides marketing automation and business intelligence solutions that help dealerships drive deeper, longer term success for their business.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/6/2019 via Yahoo, Inc.

Lockwood Broadcast Group, will purchase WCAV and WVAW from Gray Television, Inc.

synopsis: Gray Television, Inc. announced that they have entered into agreements to sell their Charlottesville, Virginia, television stations WCAV (CBS/FOX) and WVAW (ABC) to an affiliate of Lockwood Broadcasting, Inc., a television broadcasting company that primarily owns CW affiliates in several markets.
buyer: Lockwood Broadcast Group
Lockwood Broadcast Group is a television broadcasting company that primarily owns CW affiliates in several markets. Lockwood Broadcast main offices are located in Hampton, VA with Operation Headquarters in Richmond, VA. "
seller: Gray Television, Inc. (GTN:$2,138.00)
The acquisition includes the Charlottesville, Virginia, television stations WCAV (CBS/FOX) and WVAW (ABC) from Gray Television, an American publicly traded television broadcasting company based in Atlanta, Georgia.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/4/2019 via Company Press Release

Gray Television, Inc., will acquire WVIR-TV

synopsis: Florida-based Waterman Broadcasting, is selling WVIR-TV NBC29 to Gray Television. WVIR-TV NBC29 is a local news NBC affiliate in Charlottesville VA. They offer local news, weather, sports and more.
buyer: Gray Television, Inc. (GTN:$2,138.00)
Gray owns and/or operates television stations and leading digital properties in 91 television markets, including the first or second highest rated television station in 85 markets. "
target parent: Waterman Broadcasting
target: WVIR-TV
WVIR-TV NBC29 is a local news NBC affiliate in Charlottesville VA. They offer local news, weather, sports and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/13/2019 via Company Press Release

Gray Television, Inc., will purchase WWNY, WNYF and KEYC from United Communications Corporation

synopsis: Gray Television, Inc. announced that it has reached an agreement with United Communications to acquire United’s television stations, WWNY-TV (CBS) and WNYF-CD (FOX) in Watertown, New York (DMA 178) and KEYC-TV (CBS/FOX) in Mankato, Minnesota (DMA 199).
buyer: Gray Television, Inc. (GTN:$2,138.00)
Gray owns and/or operates television stations and leading digital properties in 91 television markets, including the first or second highest rated television station in 85 markets. "
seller: United Communications Corporation
The acquisition includes three television stations from United Communications, including WWNY-TV (CBS) and WNYF-CD (FOX) in Watertown, New York (DMA 178) and KEYC-TV (CBS/FOX) in Mankato, Minnesota (DMA 199).
price ($mm)
$45
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/22/2018 via PR Newswire

Lockwood Broadcast Group, will purchase 4 TV Stations from Gray Television, Inc.

synopsis: Lockwood Broadcast Group, a television broadcasting company has agreed to acquire Fox affiliates WTNZ (DMA 61), WFXG in the Augusta market (DMA 112), WPGX (DMA 151) and WDFX (DMA 173) from Gray Television, a company that owns and operates over 100 television stations across 57 television markets.
buyer: Lockwood Broadcast Group
Lockwood Broadcast Group is a television broadcasting company that primarily owns CW affiliates in several markets. Lockwood Broadcast main offices are located in Hampton, VA with Operation Headquarters in Richmond, VA. "
seller: Gray Television, Inc. (GTN:$2,138.00)
Gray Television, Inc. owns and/or operates over 100 television stations across 57 television markets. Their stations include Fox affiliates WTNZ in the Knoxville market (DMA 61), WFXG in the Augusta market (DMA 112), WPGX in the Panama City market (DMA 151) and WDFX in the Dothan market (DMA 173).
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/2/2019 via BusinessWire

TEGNA Inc., purchased WTOL and KWES from Gray Television, Inc.

synopsis: TEGNA Inc., an American publicly traded broadcast, digital media and marketing services company, announced that it has completed its previously announced acquisition of WTOL, the CBS affiliate in Toledo, OH, and KWES, the NBC affiliate in Midland-Odessa, TX, from Gray Television,.
buyer: TEGNA Inc. (TGNA:$2,221.95)
TEGNA Inc. is a media company innovating in the digital age. Their purpose is to serve the greater good of their communities. As one of the most geographically diverse broadcasters in the U.S., TEGNA is a best-in-class operator with 46 television stations in 38 markets from coast to coast. "
seller: Gray Television, Inc. (GTN:$2,138.00)
The acquisition includes the leading local stations WTOL, the CBS affiliate in Toledo, OH, and KWES, the NBC affiliate in Odessa-Midland, TX, from Gray Television, a television broadcast company headquartered in Atlanta, Georgia.
price ($mm)
$105
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/16/2018 via PR Newswire

Marquee Broadcasting, Inc., will acquire WSWG-TV

synopsis: Gray Television, Inc. announced that it has entered into an agreement to sell WSWG-TV, the CBS affiliate for the Albany, Georgia television market, to Marquee Broadcasting, Inc., a small broadcasting company which owns several television stations in the United States.
buyer: Marquee Broadcasting, Inc.
Marquee Broadcasting Inc. is committed to broadcasting the best and most relevant material and information to its listening and viewing public. The company owns and operates WMDT-TV in Salisbury, Md., WGTA-TV in Toccoa, Ga., and WEVD-LP in Dover, DE. "
target parent: Gray Television, Inc.
target: WSWG-TV
WSWG is a CBS-affiliated television station licensed to Valdosta, Georgia, United States and serving Southwestern Georgia.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/25/2018 via BNC Analysis

Gray Television, Inc., will acquire Raycom Media, Inc.

synopsis: Gray Television, a television broadcast company headquartered in Atlanta, Georgia, will acquire Raycom Media, one of America's largest privately owned media companies. Raycom Media owns and provides services for 65 television stations and two radio stations in 44 markets in 20 states.
buyer: Gray Television, Inc. (GTN:$2,138.00)
Gray Television is a television broadcast company headquartered in Atlanta, Georgia, that owns and operates television stations and leading digital assets in markets throughout the US. They own and operate television stations in 57 television markets broadcasting over 200 programming streams. "
target: Raycom Media, Inc.
Raycom Media is one of America's largest privately owned media companies. It owns and provides services for 65 television stations and two radio stations in 44 markets in 20 states. Those stations cover more than 16 percent of U.S. television households and employ more than 4,800 people.
price ($mm)[EV]
$3,547 [$3,447]
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/2/2018 via PR Newswire

Gray Television, Inc., will acquire KDLT News

synopsis: Gray Television, Inc., a TV broadcasting company headquartered in Atlanta, GA, will acquire KDLT News (KDLT-TV) from Red River Broadcasting Company, a TV broadcasting company based in Fargo, ND. KDLT News is an NBC affiliated TV station in Sioux Falls, SD. The station broadcasts on channel 46 and provides the latest news, weather, and sports.
buyer: Gray Television, Inc. (GTN:$2,138.00)
Gray Television is a television broadcast company headquartered in Atlanta, Georgia, that owns and operates television stations and leading digital assets in markets throughout the US. They own and operate television stations in 57 television markets broadcasting over 200 programming streams. "
target parent: Red River Broadcasting Company
target: KDLT News
KDLT News (KDLT-TV) is an NBC affiliated television station in Sioux Falls, South Dakota. The station broadcasts on channel 46 and provides the latest news, weather, and sports. KDLT News serves Eastern South Dakota, Southwestern Minnesota, Northwestern Iowa and parts of Nebraska.
price ($mm)
$33
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/4/2017 via PR Newswire

Gray Television, Inc., will acquire WCAX-TV

synopsis: Gray Television, Inc., a television broadcast company headquartered in Atlanta, Georgia, announced that it will acquire WCAX-TV, the CBS affiliated television station in the Burlington, Vermont-Plattsburgh, New York, market. WCAX-TV brings their viewers the latest news, weather and local sports.
buyer: Gray Television, Inc. (GTN:$2,138.00)
Gray Television is a television broadcast company headquartered in Atlanta, Georgia, that owns and operates television stations and leading digital assets in markets throughout the US. They own and operate television stations in 50 television markets broadcasting a total of 180 programming streams. "
target: WCAX-TV
Since 1954 WCAX-TV has been the market leader, bringing their viewers the latest news, weather and local sports. As the broadcast industry converts to digital broadcasting, WCAX-TV continues to lead the way in Vermont, New York and New Hampshire.
price ($mm)
$29
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/16/2017 via PR Newswire

Gray Television, Inc., will purchase WABI and WCJB TV Stations from Diversified Communications

synopsis: Gray Television, Inc., a television broadcast company headquartered in Atlanta, Georgia, announced that it will acquire Diversified Communications's two television stations . This acquisition will add two more stations to Gray's growing portfolio: WABI (CBS/CW) in the Bangor, Maine market and WCJB (ABC/CW) in the Gainesville, Florida market.
buyer: Gray Television, Inc. (GTN:$2,138.00)
Gray Television is a television broadcast company headquartered in Atlanta, Georgia, that owns and operates television stations and leading digital assets in markets throughout the US. They own and operate television stations in 50 television markets broadcasting a total of 180 programming streams. "
seller: Diversified Communications
WABI and WCJB are TV stations ownd by Diversified Communications. WABI is a CBS affiliate in Bangor, Maine. WCJB is an ABC affiliate in Gainesville, Florida. Each of WABI and WCJB consistently achieves #1 ratings in all major dayparts in its market, in both households and key demos.
price ($mm)
$85
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/9/2016 via Company Press Release

Gray Television, Inc., will purchase KTVF, KXD and KFXF from Tanana Valley Television

synopsis: Gray Television, Inc., a television broadcast company, is acquiring the KTVF, KXD and KFXF television stations from Tanana Valley Television Company, a television company based out of Fairbanks, Alaska. KTVF, KXD and KFXF are all local stations based out of Fairbanks, Alaska.
buyer: Gray Television, Inc. (GTN:$2,138.00)
Gray Television is a television broadcast company headquartered in Atlanta, Georgia, that owns and operates television stations and leading digital assets in markets throughout the US. They own and operate television stations in 50 television markets broadcasting a total of 180 programming streams. "
seller: Tanana Valley Television
The acquisition includes three local television stations located in Fairbanks, Alaska. KTVF, an NBC-affiliate, KXD, a CBS affiliate, and KFXF, a FOX affiliate. Tanana Valley Television Company is a television company also based out of Fairbanks, Alaska.
price ($mm)
$8.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/3/2016 via BusinessWire

Gray Television, Inc., will purchase WBAY-TV & KWQC-TV from Nexstar Broadcasting

synopsis: Nexstar Broadcasting Group, Inc. announced that it has entered into a definitive agreement to sell WBAY-TV, the ABC affiliate serving the Green Bay, Wisconsin market, and KWQC-TV, the NBC affiliate serving the Davenport -Moline-Rock Island, Iowa market, to Gray Television Group, Inc. (a wholly-owned subsidiary of Gray Television, Inc.).
buyer: Gray Television, Inc. (GTN:$2,138.00)
Gray Television is a television broadcast company headquartered in Atlanta, Georgia, that owns and operates television stations and leading digital assets in markets throughout the US. They own and operate television stations in 50 television markets broadcasting a total of 180 programming streams. "
seller: Nexstar Broadcasting (NXST:$2,737.26)
WBAY-TV is the ABC affiliate serving the Green Bay, Wisconsin market, and KWQC-TV is the NBC affiliate serving the Davenport -Moline-Rock Island, (Quad Cities) Iowa market. Nexstar Broadcasting Group is a leading diversified media company that leverages localism.
price ($mm)
$270
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/13/2016 via PR Newswire

Gray Television, Inc., will purchase WDTV and WVFX from Withers Broadcasting Companies

synopsis: Gray Television, Inc. announced that it has reached an agreement with Withers Broadcasting Companies to acquire television stations WDTV (CBS) and WVFX (FOX/CW) in Clarksburg, West Virginia. WDTV is the second highest rated and grossing television station in the Clarksburg-Weston designated market area.
buyer: Gray Television, Inc. (GTN:$2,138.00)
Gray Television is a television broadcast company headquartered in Atlanta, Georgia, that owns and operates television stations and leading digital assets in markets throughout the US. They own and operate television stations in 50 television markets broadcasting a total of 180 programming streams. "
seller: Withers Broadcasting Companies
WDTV (CBS) and WVFX (FOX/CW) are television stations in Clarksburg, WV, owned by Withers Broadcasting Companies. Withers Broadcasting Companies is a broadcasting company that owns several radio and television stations in the United States, primarily in Missouri, Illinois and Kentucky.
price ($mm)
$27
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/1/2015 via Company Press Release

Lockwood Broadcast Group, acquired KAKE-TV

synopsis: Gray Television, KAKE's owner, reached an agreement to sell all of KAKE's assets in exchange for the assets of WBXX-TV in Knoxville, TN and $11.2 million in cash. KAKE-TV is an ABC affiliate station broadcasting in Wichita, Kansas.
buyer: Lockwood Broadcast Group
Lockwood Broadcast Group operates 7 television stations in six markets. Stations include WSKY-4 TV Norfolk; WCWG-TV (CW) Greensboro; WBXX (CW) and WKNX (Independent) in Knoxville; WQCW (CW) in Charleston-Huntington; WHDF (CW) in Huntsville-Decatur; and KTEN in Sherman TX-Ada OK. "
target parent: Gray Television, Inc.
target: KAKE-TV
KAKE-TV is an ABC affiliate station broadcasting news in Wichita, Kansas.
price ($mm)
$11
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/1/2015 via PR Newswire

Gray Television, Inc., will acquire WLUC-TV

synopsis: Sinclair Broadcast Group, Inc. announced that it has entered into a definitive agreement to purchase the broadcast assets of WSBT (CBS) in South Bend-Elkhart, Indiana (DMA(1) 96) owned by Schurz Communications, Inc., and to sell the broadcast assets of WLUC (NBC and FOX) in Marquette, Michigan (DMA 180) to Gray Television, Inc.
buyer: Gray Television, Inc. (GTN:$2,138.00)
Gray Television is a television broadcast company headquartered in Atlanta, Georgia, that owns and operates television stations and leading digital assets in markets throughout the US. They own and operate television stations in 45 television markets broadcasting a total of 150 programming streams. "
target parent: Sinclair Broadcast Group
target: WLUC-TV
WLUC-TV is the NBC-affiliated television station for Michigan's Central Upper Peninsula licensed to Marquette.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/17/2016 via PR Newswire

Gray Television, Inc., purchased TV And Radio Stations from Schurz Communications, Inc.

synopsis: Gray Television, Inc. announced that it has closed its acquisition of all of the television and radio stations of Schurz Communications, Inc. The company is a diversified and privately-owned communications company that owns television stations, radio stations, daily and weekly newspapers, cable companies and more.
buyer: Gray Television, Inc. (GTN:$2,138.00)
Gray Television, Inc. is a television broadcast company headquartered in Atlanta, Georgia, that owns and operates television stations and leading digital assets in markets throughout the United States. "
seller: Schurz Communications, Inc.
Schurz is a diversified and privately-owned communications company based in Mishawaka, Indiana, that owns television stations, radio stations, daily and weekly newspapers, cable companies and a telephone directory in medium and small sized markets throughout the U.S.
price ($mm)
$415
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/2/2015 via PR Newswire

Gray Television, Inc., will acquire KCRG-TV9

synopsis: Gray Television, Inc. announced that it has reached an agreement with The Gazette Company to acquire KCRG-TV, the ABC affiliate for the Cedar Rapids, Iowa, DMA. KCRG-TV is the number-one ranked television station in its DMA and dominates its local market in terms of community service, viewership, innovation, and revenue.
buyer: Gray Television, Inc. (GTN:$2,138.00)
Gray Television, Inc. is a television broadcast company headquartered in Atlanta, Georgia, that owns and/or operates television stations and leading digital assets in markets throughout the United States. They reach approximately 8.1 percent of total United States television households. "
target parent: The Gazette Company
target: KCRG-TV9
KCRG-TV9 is the locally owned and operated ABC affiliate in Cedar Rapids, Iowa. KCRG-TV9 serves 21 counties in Eastern Iowa with more than 342,000 television households. While the main studio is located in downtown Cedar Rapids, KCRG-TV9 also staffs news bureaus in Iowa City and Dubuque.
price ($mm)
$100
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/1/2015 via PR Newswire

Gray Television, Inc., acquired KOSA-TV/CBS7

synopsis: Gray Television, Inc. announced that it acquired KOSA-TV, CBS7, in Odessa, Texas from Investment Company. KOSA-TV has achieved the highest all-day ratings of any station in the Odessa-Midland DMA between 2014 and 2015 as well as the largest share of advertising revenue.
buyer: Gray Television, Inc. (GTN:$2,138.00)
Gray Television, Inc. is a television broadcast company that owns and/or operates television stations and leading digital assets in markets throughout the United States. They reach approximately 8.0 percent of total United States television households. "
target: KOSA-TV/CBS7
KOSA - CBS7 is a television station that is committed to watching over the entire West Texas area, providing fast and accurate information to their viewers around the clock and across the Basin.
price ($mm)
$34
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/25/2020 via PR Newswire

The E.W. Scripps Company, will acquire ION Media Networks

synopsis: The E.W. Scripps Company, America's fourth-largest independent TV station owner, will buy ION Media, an independent, privately held media company, and owner and operator of the nation’s largest broadcast station group.
buyer: The E.W. Scripps Company (SSP:$1,599.45)
The E.W. Scripps Company serves audiences and businesses through a growing portfolio of local and national media brands. With 36 television stations, Scripps is one of the nation's largest independent TV station owners. "
target: ION Media Networks
ION Media is an independent, privately held media company, and owner and operator of the nation’s largest broadcast station group. ION reaches viewers in 98 million U.S. households, or 85% of the population, through its 60 owned and operated stations and its affiliations.
price ($mm)
$2,650
rev ($mm)
$558
EBITDA ($mm)
$323
EV / rev
4.7x
EV / EBITDA
8.2x
announced 9/9/2020 via BNC Analysis

Discovery Communications, Inc., will purchase Free-to-Air TV Business from MediaWorks NZ Limited

synopsis: Broadcaster MediaWorks has reached a binding agreement with media giant Discovery Inc regarding the sale of MediaWorks' free-to-air TV business. The deal includes entertainment channels Three and Bravo, streaming service ThreeNow, and multi-platform news and current affairs service Newshub, as well as other channels.
buyer: Discovery Communications, Inc. (DISC.A:$10,776.00)
Discovery Communications satisfies curiosity and engages superfans with a portfolio of premium nonfiction, lifestyle, sports and kids programming brands. Discovery reaches more than 3 billion cumulative viewers across pay-TV and free-to-air platforms in more than 220 countries and territories. "
seller parent: Oaktree Capital Management, LLC
seller: MediaWorks NZ Limited
The acquisition includes the free-to-air TV business of MediaWorks and includes entertainment channels Three and Bravo, streaming service ThreeNow, and multi-platform news and current affairs service Newshub, as well as other channels Three+1, Bravo+1, The Edge TV and The Breeze TV.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/12/2020 via BNC Analysis

NEP Group, Inc., acquired Outside Broadcasting Ltd

synopsis: Sky TV has sold its subsidiary Outside Broadcasting to US-based firm NEP. Outside Broadcasting is a destination for inspiration, creation and collaboration. Their talented people use the best technology and equipment to bring your broadcast vision to life. They cover anything from live sport, entertainment programs to special events.
buyer parent: Carlyle Group
buyer: NEP Group, Inc. (NEPG:$450.72)
Since 1986, NEP has been a worldwide outsourced technical production partner supporting premier content producers of live sports, entertainment, music and corporate events. "
target parent: Sky Network Television Limited
target: Outside Broadcasting Ltd
Outside Broadcasting is a destination for inspiration, creation and collaboration. Their talented people use the best technology and equipment to bring your broadcast vision to life. They cover anything from live sport, entertainment programs to special events.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/14/2020 via BNC Analysis

Mission Broadcasting, Inc., will acquire Pix11

synopsis: E.W. Scripps has announced that its New York CW affiliate, PIX11 (WPIX), will be acquired by Mission Broadcasting. PIX11 is an award-winning television station that airs primetime programming, news, hit movies, first-run programs, off-network sitcoms, children’s programming, and public affairs shows.
buyer: Mission Broadcasting, Inc.
Mission Broadcasting, Inc. is a television broadcasting company that acquires, develops, and operates television stations and interactive community Websites in medium-sized markets in the United States. Its stations provide free over-the-air programming to its markets’ television viewing audiences. "
target parent: The E.W. Scripps Company
target: Pix11
PIX11 is a New York TV station that airs primetime programming, award-winning news, hit movies, first-run programs, off-network sitcoms, children’s programming, and public affairs shows. PIX11 has earned over 265 Emmy Awards, including multiple awards for its news programs and coverage.
price ($mm)
$75
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/28/2020 via BNC Analysis

Gray Television, Inc., acquired KATH-TV and KSCT-TV

synopsis: GCI subsidiary Denali Media Holdings has announced the sale of its NBC affiliates in southeast Alaska to Gray Television. The sale includes KATH and KSCT stations in the Juneau and Sitka markets. Denali Media Holdings was established in 2012 and owns KTVA (CBS) in Anchorage along with three CBS stations in Juneau, Sitka and Ketchikan.
buyer: Gray Television, Inc. (GTN:$2,138.00)
Gray owns and/or operates television stations and leading digital properties in 91 television markets, including the first or second highest rated television station in 85 markets. "
target parent: General Communication, Inc
target: KATH-TV and KSCT-TV
KATH and KSCT serve NBC "Must See TV" to viewers in Alaska's capital city of Juneau, as well as to Sitka, Ketchikan, Petersburg, Wrangell, Angoon and other communities throughout Southeast Alaska, via broadcast, GCI cable, DishNet and DirecTV.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/27/2020 via GlobeNewswire

ION Media Networks, purchased KMCC-TV from Entravision Communications Corporation

synopsis: ION Media, the nation’s leading independent broadcast TV operator, announced the purchase of KMCC-TV in Las Vegas from Entravision Communications Corporation. KMCC-TV is an Azteca América-affiliated television station serving Las Vegas, Nevada, that is licensed to Laughlin and broadcasts primarily in Spanish.
buyer: ION Media Networks (ION:$0.00)
ION Media is an independent, privately held media company, and owner and operator of the nation’s largest broadcast station group. ION reaches viewers in 98 million U.S. households, or 85% of the population, through its 60 owned and operated stations and its affiliations. "
seller: Entravision Communications Corporation (EVC:$545.36)
KMCC-TV is an Azteca América-affiliated television station serving Las Vegas, that is licensed to Laughlin and broadcasts primarily in Spanish. Entravision is a diversified global media, data and advertising technology company that reaches and engages Latino consumers in the U.S. and other markets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/31/2019 via BNC Analysis

Urban One, Inc., acquired WQMC-LD

synopsis: Urban One, the largest diversified media company that primarily targets Black Americans and urban consumers in the US, has acquired WQMC-LD (GTN or Media Columbus), a low-power independent commercial television station in Columbus, Ohio.
buyer: Urban One, Inc. (UONE.K:$387.79)
Urban One, Inc., formerly known as Radio One, Inc., together with its subsidiaries, is the largest diversified media company that primarily targets Black Americans and urban consumers in the United States. "
target: WQMC-LD
WQMC-LD (GTN or Media Columbus) is a low-power independent commercial television station in Columbus, Ohio. It broadcasts locally on channel 23. They broadcast in the Columbus metro area which reaches a majority of the 2.5 million residents of the overall Columbus DMA.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/18/2019 via GlobeNewswire

Regional News Network, will purchase 7 Full Power and One Class A Station from NRJ TV LLC

synopsis: RNN National Media (RNN) is to purchase 7 full power and one Class A station from NRJ. The stations are KSCI-TV in Los Angeles, WTVE-TV and WPHY-CD in the Philadelphia DMA, KFWD-TV in the Dallas-Ft. Worth DMA, KUBE-TV in the Houston DMA, KCNS-TV in the San Francisco-Oakland-San Jose DMA, WMFP-TV in the Boston DMA and KIKU-TV in the Honolulu DMA.
buyer: Regional News Network
RNN is a privately-owned portfolio of independent broadcast assets and production/distribution capabilities located in Rye Brook, NY. Their independent network currently reaches more than 14 million households and 43 million people throughout New York, Philadelphia, Washington, DC, and Boston. "
seller: NRJ TV LLC
The acquisition includes 7 full power and one Class A station from NRJ. The stations are KSCI-TV in Los Angeles, WTVE-TV and WPHY-CD in Philadelphia, KFWD-TV in Dallas-Ft. Worth, KUBE-TV in Houston, KCNS-TV in San Francisco-Oakland-San Jose, WMFP-TV in the Boston DMA and KIKU-TV in the Honolulu DMA.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/25/2019 via Company Press Release

Standard Media Group LLC, will purchase Nine Television Stations from Waypoint Media, LLC

synopsis: Standard Media Group, an innovative and diverse broadcast media company, has announced its agreement to acquire nine television stations across six markets from Waypoint Media and Vision Communications.
buyer: Standard Media Group LLC
Standard Media Group is an innovative and diverse broadcast media company committed to serving local communities. Headquartered in Nashville, Tennessee, Standard Media’s leadership team has a long history of building strong, local television and digital media properties. "
seller: Waypoint Media, LLC
The transaction includes the following stations from Waypoint Media: FOX & NBC affiliate WGBC-TV; FOX affiliate WHPM-LD; NBC affiliate WNBJ-LD; FOX and CBS affiliate KJNB-LD and KJNE-LD; FOX and NBC WPBI-LD, along with ABC affiliate WPBY-LD; as well as FOX affiliate WYDC-TV and MyNet affiliate WJKP.
price ($mm)
$59
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/20/2019 via BNC Analysis

Lilly Broadcasting LLC, acquired WCVI

synopsis: Lilly Broadcasting, a privately owned American broadcasting company headquartered in Erie, Pa., has acquired WCVI in the U.S. Virgin Islands. WCVI is an ABC affiliate, and recently added CBS programming. Family Broadcasting Corporation is the seller and the price was not disclosed.
buyer: Lilly Broadcasting LLC
Lilly Broadcasting, LLC is a privately owned American broadcasting company headquartered in Erie, Pa. and its stations include WICU Erie and WENY Elmira. It also owns and operates One Caribbean Television. "
target parent: Family Broadcasting Group, Inc.
target: WCVI
WCVI-TV is a dual CBS/ABC-affiliated television station serving the United States Virgin Islands that is licensed to Christiansted, Saint Croix.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/5/2019 via BusinessWire

Nexstar Media Group, will purchase WJZY and WMYT from Fox Television Stations

synopsis: Nexstar Media Group, Inc. entered into a purchase and sale agreement with Fox Television Stations, LLC, a subsidiary of Fox Corporation, whereby Nexstar will purchase from FOX, the FOX Affiliate WJZY and MyNetworkTV Affiliate WMYT, both located in Charlotte, NC.
buyer: Nexstar Media Group (NXST:$2,737.26)
Nexstar Media Group is one of the largest local TV station operators in the country. They have 174 full power television stations in 100 markets addressing nearly 38.7% of US television households, and a diversified, growing digital media operation. "
seller parent: The Walt Disney Company
seller: Fox Television Stations
The acquisition includes the Charlotte FOX Affiliate WJZY and MyNetworkTV Affiliate WMYT from Fox Television Stations, LLC, a subsidiary of Fox Corporation. Both stations are located in Charlotte, North Carolina.
price ($mm)
$45
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/5/2019 via BusinessWire

Fox Television Stations, will purchase KCPQ, KZJO and WITI from Nexstar Media Group

synopsis: Nexstar Media Group, one of the largest local TV station operators in the country, is to divest the Seattle FOX Affiliate KCPQ and MyNetworkTV Affiliate KZJO and the Milwaukee FOX Affiliate WITI to Fox Television Stations, LLC, a subsidiary of Fox Corporation.
buyer parent: The Walt Disney Company
buyer: Fox Television Stations
FOX Television Stations owns and operates 28 full power broadcast television stations in the U.S. These include stations located in nine of the top ten largest designated market areas, or DMAs, and duopolies in 11 DMAs, including the three largest DMAs (New York, Los Angeles and Chicago). "
seller: Nexstar Media Group (NXST:$2,737.26)
The acquisition includes the Seattle FOX Affiliate KCPQ and MyNetworkTV Affiliate KZJO and the Milwaukee FOX Affiliate WITI from Nexstar Media Group, one of the largest local TV station operators in the country.
price ($mm)
$350
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/28/2019 via Company Press Release

PPF Group N.V., will acquire Central European Media Enterprises

synopsis: Central European Media Enterprises Ltd. (CME) announced that it has entered into a definitive agreement to be acquired by an affiliate of the Netherlands-based investment fund PPF Group N.V. CME is a media and entertainment company operating leading businesses and broadcasting 30 television channels in five Central and Eastern European markets,
buyer: PPF Group N.V.
Netherlands-based PPF Group was founded as an investment fund. PPF Group invests in multiple market segments such as financial services, telecommunications, biotechnology, real estate and mechanical engineering. The reach of PPF Group spans from Europe to North America and across Asia. "
target: Central European Media Enterprises (CETV:$697.26)
Central European Media Enterprises (CME) is a media and entertainment company operating leading businesses in five Central and Eastern European markets. CME currently broadcasts 30 television channels in Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic, and Slovenia.
price ($mm)[EV]
$1,175 [$1,738]
rev ($mm)
$697
EBITDA ($mm)
$244
EV / rev
3.0x
EV / EBITDA
8.6x
announced 10/23/2019 via PR Newswire

Entertainment Studios, will purchase 11 Television Stations from Heartland Media LLC

synopsis: Entertainment Studios, one of the largest independent producers and distributors of film and television, with 64 shows on the air, will acquire 11 broadcast television stations from Heartland Media (USA Television Holdings). The 11 broadcast television stations from Heartland Media (USA TV) include stations across multiple US markets.
buyer: Entertainment Studios
Byron Allen founded Entertainment Studios in 1993. Headquartered in Los Angeles, it has offices in New York, Chicago, Atlanta, and Raleigh. Entertainment Studios owns 15 U.S. broadcast television stations and nine 24-hour HD television networks serving nearly 160 million subscribers. "
seller: Heartland Media LLC
The 11 broadcast television stations from Heartland Media (USA TV) include stations across multiple US markets. They include WAAY (Huntsville, AL), WFFT (Ft. Wayne, IN), KEZI (Eugene, OR), KNVN (Chico-Redding, CA), KIMT (Rochester, MN), WLFI (Lafayette, IN) and more.
price ($mm)
$290
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/19/2019 via BusinessWire

New Media Investment Group, acquired Gannett Co., Inc.

synopsis: New Media Investment Group Inc., one of the largest publishers of locally based print and online media in the United States, has acquired Gannett, the largest U.S. newspaper publisher. Gannett's mission is to make communities stronger by informing and engaging them with trusted content.
buyer: New Media Investment Group (NEWM:$1,588.44)
New Media supports small to mid-size communities by providing locally-focused print and digital content to its consumers and premier marketing and technology solutions to its small and medium business partners. They are one of the largest publishers of locally based print and online media in the US."
target: Gannett Co., Inc. (GCI:$2,791.61)
Gannett is a leading media and marketing company with unparalleled local-to-national reach, successfully connecting consumers, communities and businesses. They provide rich content through hundreds of outstanding affiliated digital, mobile and print products.
price ($mm)
$1,400
rev ($mm)
$2,787
EBITDA ($mm)
$281
EV / rev
0.5x
EV / EBITDA
5.0x
closed 6/27/2019 via Company Press Release

The Lebashe Investment Group, purchased Media Assets from Tiso Blackstar Group

synopsis: The Lebashe Investment Group, a South African investment holding company with an experienced, multi-faceted management team, announced the acquisition of the Media, Broadcasting and Content businesses of Tiso Blackstar Holdings, a company that operates market-leading media, broadcast and retail marketing properties in South Africa.
buyer: The Lebashe Investment Group
Headquartered in South Africa, Lebashe is an unlisted investment holding company with an experienced, multi-faceted management team. Since inception, Lebashe has grown significantly with aspirations to become a leading African investment company. "
seller: Tiso Blackstar Group (JSE:TBG:$274.76)
Tiso Blackstar Group operates market-leading media, broadcast and retail marketing properties. They have strong exposure to the rapidly growing digital, broadcast and mobile markets, with a leading position in South Africa and a broad footprint across Kenya, Ghana and Nigeria.
price ($mm)
$73
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/8/2019 via BusinessWire

TEGNA Inc., acquired Dispatch Broadcast Group

synopsis: TEGNA Inc. has completed its acquisition of Dispatch Broadcast Group’s #1 rated stations in Indianapolis, Indiana and Columbus, Ohio. TEGNA acquired NBC affiliate WTHR in Indianapolis, CBS affiliate WBNS in Columbus, and WBNS radio (1460 AM and 97.1 FM), the leader in sports radio in Central Ohio.
buyer: TEGNA Inc. (TGNA:$2,221.95)
TEGNA Inc. is an innovative media company that serves the greater good of communities. With 49 television stations and two radio stations in 41 markets, TEGNA delivers relevant content and information to consumers across platforms. "
target: Dispatch Broadcast Group
The Dispatch Broadcast Group is a highly-respected group of television and radio stations in the Midwest. It is composed of the WBNS television (CBS-affiliate WBNS-TV) and WBNS Radio (WBNS-AM and WBNS-FM) stations in Columbus, and NBC-affiliate WTHR television in Indianapolis formerly (WLW-I).
price ($mm)
$535
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/22/2019 via Company Press Release

Standard Media Group LLC, will purchase WLNE-TV and KLKN-TV from Citadel Communications Ltd.

synopsis: Standard Media, an innovative and diverse broadcast media company, will acquire WLNE-TV, the ABC affiliate for the Providence, RI – New Bedford, MA market (DMA 52) and KLKN(TV), the ABC affiliate for the Lincoln & Hastings-Kearney, NE market (DMA 105), from Citadel Communications.
buyer: Standard Media Group LLC
Standard Media Group is an innovative and diverse broadcast media company committed to serving local communities. Headquartered in Nashville, Tennessee, Standard Media’s leadership team has a long history of building strong, local television and digital media properties. "
seller: Citadel Communications Ltd.
WLNE-TV is the ABC affiliate for the Providence, RI – New Bedford, MA market (DMA 52) and KLKN(TV) is the ABC affiliate for the Lincoln & Hastings-Kearney, NE market (DMA 105). Citadel Communications Ltd. is an American private broadcasting company based in New York.
price ($mm)
$83
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/8/2019 via PR Newswire

Entertainment Studios, acquired Bayou City Broadcasting LLC

synopsis: Entertainment Studios, Inc., one of the largest independent producers and distributors of film and television, has acquired Bayou City Broadcasting, LLC (BCB), a company that owns and operates broadcast television stations. BCB's stations include WEVV (CBS) & WEEV (Fox) in Evansville, Indiana and KLAF (NBC) and KADN (Fox) in Lafayette, Louisiana.
buyer: Entertainment Studios
Founded in 1993, Entertainment Studios is a fully integrated global media production and distribution company with 8 HD networks, dozens of first-run syndicated shows, over 5,000 hours of HD programming, a film distribution company, a podcast network, and more to come. "
target: Bayou City Broadcasting LLC
Founded in 2007, Bayou City Broadcasting, LLC (BCB) is a Texas based company that owns and operates broadcast television stations. Their stations include WEVV (CBS) & WEEV (Fox) in Evansville, Indiana and KLAF (NBC) and KADN (Fox) in Lafayette, Louisiana.
price ($mm)
$165
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/24/2019 via BNC Analysis

BBC Studios, acquired UKTV

synopsis: BBC Studios has acquired control of UKTV, taking ownership of seven of its ten free-to-air and pay-TV channels. UKTV is a British multi-channel broadcaster. It was formed on 26 March 1992 through a joint venture between the BBC and Thames Television. It is one of the United Kingdom's largest television companies.
buyer parent: British Broadcasting Corporation
buyer: BBC Studios
BBC Studios is a British television production and distribution company. It is a commercial arm of the BBC, bringing together the majority of the former BBC Television division's in-house production departments; Comedy, Drama, Entertainment, Music & Events, and Factual. "
target parent: Discovery Communications, Inc.
target: UKTV
UKTV is a British multi-channel broadcaster. It was formed on 26 March 1992 through a joint venture between the BBC and Thames Television. It is one of the United Kingdom's largest television companies.
price ($mm)
$237
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

Like WABI and WCJB TV Stations


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EH Media

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Outsource Magazine

Consumibles eMagazine

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Bobit Business Media

Cyber Media (India) Limited

Smarter Shows

EJ Krause de Mexico

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The Sleeter Group, Inc.

HRM Asia

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Kavin Intertrade Co., Ltd.

The Institute of Finance & Management

Intelligent Exhibitions

Amazing Charts

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KATH-TV and KSCT-TV

PureCars

Gray Television, Inc.

WVIR-TV

United Communications Corporation

Gray Television, Inc.

Gray Television, Inc.

WSWG-TV

Raycom Media, Inc.

KDLT News

WCAX-TV

Diversified Communications

Tanana Valley Television

Nexstar Broadcasting

Withers Broadcasting Companies

KAKE-TV

WLUC-TV

Schurz Communications, Inc.

KCRG-TV9

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ION Media Networks

MediaWorks NZ Limited

Outside Broadcasting Ltd

Pix11

KATH-TV and KSCT-TV

Entravision Communications Corporation

WQMC-LD

NRJ TV LLC

Waypoint Media, LLC

WCVI

Fox Television Stations

Nexstar Media Group

Central European Media Enterprises

Heartland Media LLC

Gannett Co., Inc.

Tiso Blackstar Group

Dispatch Broadcast Group

Citadel Communications Ltd.

Bayou City Broadcasting LLC

UKTV

Geography
Matching Companies
Ticker: LSE:ERM
 
 
 
 
 
 
 
 
Euromoney Institutional Investor PLC
Euromoney Institutional Investor PLC
Euromoney Institutional Investor PLC is an international business-information group with more than 2,000 employees worldwide and a portfolio of over 30 businesses spanning price reporting, investment research, news and market analysis, and industry forums, institutes and events.
year
2019
rev ($mm)
$328.89
EBITDA ($mm)
$55.56
EBIT ($mm)
$31.08
Net Income ($mm)
$78.26
Employees
1655
  • drill down
  • watch
Ticker: LSE:CAU
 
 
 
 
 
 
 
 
Centaur Media plc
Centaur Media plc
Centaur Media is a leading UK based business information, publishing and events group. It provides marketing and information solutions to buyers and sellers within several high value professional and commercial market communities.
year
2018
rev ($mm)
$91.02
EBITDA ($mm)
$6.59
EBIT ($mm)
$2.07
Net Income ($mm)
Employees
758
  • drill down
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Ticker: ASX:ASP
 
 
 
 
 
 
 
 
Aspermont Ltd.
Aspermont Ltd.
Aspermont Limited is an Australian integrated print and Internet publisher to the mining, oil and gas and related sectors. Its publishing business is comprised of both printed magazines (print) and Internet news services (net).
year
2017
rev ($mm)
$9.04
EBITDA ($mm)
($2.30)
EBIT ($mm)
($2.53)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
ExpoMedia Group, PLC.
Expomedia Group develops and manages the chain of state-of-the-art exhibition and conference centres, EXPO XXI International Expocentres, in key markets where multi-functional event space is in demand.
year
2007
rev ($mm)
$50.00
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: XTRA:G6P
 
 
 
 
 
 
 
 
Going Public Media
Going Public Media
Going Public Media AG engages in the publishing and distribution of newspapers and magazines. It specializes in the publications on venture capital, private equity, corporate finance, and small and medium capital research. The company was founded in 1998 and is based in Wolfratshausen, Germany.
year
2015
rev ($mm)
$2.97
EBITDA ($mm)
$0.21
EBIT ($mm)
$0.09
Net Income ($mm)
$0.14
Employees
23
  • drill down
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Ticker: DJCO
 
 
 
 
 
 
 
 
Daily Journal Corp.
Daily Journal Corp.
Daily Journal Corp. publishes newspapers in California, Washington, Arizona, Colorado and Nevada and the California Lawyer magazine and produces several specialized information services. It provides news of interest to California lawyers.
year
2015
rev ($mm)
$44.71
EBITDA ($mm)
$2.87
EBIT ($mm)
($2.60)
Net Income ($mm)
$2.15
Employees
310
  • drill down
  • watch
Ticker: TSE:7080
 
 
 
 
 
 
 
 
Sportsfield Co., Ltd.
Sportsfield Co., Ltd.
Sportsfield is a Japanese provider of recruitment support services for the sports industry. Sportsfield plans and operates Sponavi, the largest sports-focused job-hunting event for university graduates. The company also provides recruitment consulting services.
year
2019
rev ($mm)
$17.76
EBITDA ($mm)
$1.96
EBIT ($mm)
$1.80
Net Income ($mm)
$1.22
Employees
201
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Clarivate Analytics
Clarivate Analytics
Clarivate Analytics is a research analytics software company that provides subscription-based services in research and patent analytics. Organizations and researchers rely on the knowledge bases from Clarivate for information about pharmaceutical and biotech intelligence and IP management.
year
2019
rev ($mm)
$964.58
EBITDA ($mm)
$154.61
EBIT ($mm)
($47.97)
Net Income ($mm)
Employees
4515
  • drill down
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Ticker: OTCNO:NHST
 
 
 
 
 
 
 
 
NHST Media Group
NHST Media Group
The NHST Media Group aims to be the best and leading provider of business news in Norway and a world leader in the following three market segments: shipping, seafood, and oil & gas.
year
2020
rev ($mm)
$128.29
EBITDA ($mm)
$7.92
EBIT ($mm)
$1.48
Net Income ($mm)
Employees
633
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  • watch
Ticker: ENXTAM:BRILL
 
 
 
 
 
 
 
 
Brill
Brill
Founded in 1683, Brill is a publishing house with a rich history and a strong international focus. Brill’s publications focus on the Humanities and Social Sciences, International Law and selected areas in the Sciences.
year
2017
rev ($mm)
$39.83
EBITDA ($mm)
$5.32
EBIT ($mm)
$4.41
Net Income ($mm)
$2.92
Employees
133
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Ticker: OTCPK:BMTM
 
 
 
 
 
 
 
 
Bright Mountain Acquisition Corporation
Bright Mountain Acquisition Corporation
Bright Mountain Acquisition Corporation is dedicated to providing “those that keep us safe” places to go online where they can do everything from stay current on news and events affecting them to look for jobs, share information, communicate with the public and more.
year
2019
rev ($mm)
$7.00
EBITDA ($mm)
($2.94)
EBIT ($mm)
($3.64)
Net Income ($mm)
Employees
14
  • drill down
  • watch
Ticker: TSE:9470
 
 
 
 
 
 
 
 
Gakken Co. Ltd.
Gakken Co. Ltd.
The Gakken Group is involved in the daily lives of people on many different levels through its broad scope of business activities. Gakken carries out wide-ranging publishing activities, provides various classrooms and preparatory schools, and other preschool- and school-related activities.
year
2015
rev ($mm)
$750.72
EBITDA ($mm)
$20.94
EBIT ($mm)
$8.16
Net Income ($mm)
Employees
3035
  • drill down
  • watch
Ticker: GB:DODS.GB
 
 
 
 
 
 
 
 
Dods (Group) PLC
Dods (Group) PLC
Dods (Group) PLC is a political information, publishing, events and communications business operating. Dods specializes in services designed for organizations wishing to understand and engage with Parliament, the Civil Service, the wider public sector and the public affairs community.
year
2018
rev ($mm)
$26.72
EBITDA ($mm)
$2.97
EBIT ($mm)
$2.00
Net Income ($mm)
$0.72
Employees
202
  • drill down
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Ticker: SZSE:000681
 
 
 
 
 
 
 
 
Visual China Group
Visual China Group
Visual China Group is among the top image licensing companies in the world. It is the go-to choice for creative and media professionals in China, and an award-winning leader in copyright protection.
year
2017
rev ($mm)
$132.68
EBITDA ($mm)
$46.76
EBIT ($mm)
$46.20
Net Income ($mm)
$40.24
Employees
689
  • drill down
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Ticker: OTCPK:GBPT
 
 
 
 
 
 
 
 
Globe Photos
Globe Photos
Globe Photo Agency, founded in 1939, is recognized as one of the world’s leading Celebrity photo agencies. Globe Photos’ library houses over 20 million images in color and black and white, representing material produced by photographers throughout the world.
year
2018
rev ($mm)
$1.24
EBITDA ($mm)
($0.36)
EBIT ($mm)
($0.82)
Net Income ($mm)
Employees
3
  • drill down
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Ticker: TSE:4676
 
 
 
 
 
 
 
 
Fuji Media Holdings, Inc.
Fuji Media Holdings, Inc.
Fuji Media Holdings, Inc. is a certified broadcast holding company in Japan. Their broadcasting business produces terrestrial and satellite (BS and CS) television broadcasts, and radio broadcasts.
year
2015
rev ($mm)
$5,960.07
EBITDA ($mm)
$364.28
EBIT ($mm)
$196.01
Net Income ($mm)
$127.64
Employees
7820
  • drill down
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Ticker: XTRA:PSM
 
 
 
 
 
 
 
 
ProSiebenSat.1 Media AG
ProSiebenSat.1 Media AG
ProSiebenSat.1 Group is one of the largest independent media corporations in Europe. With the stations SAT.1, ProSieben, kabel eins, sixx, SAT.1 Gold and ProSieben MAXX, they are number 1 in Germany both in the TV-advertising market and in the audience market.
year
2020
rev ($mm)
$4,577.28
EBITDA ($mm)
$913.35
EBIT ($mm)
$632.32
Net Income ($mm)
$211.94
Employees
6477
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Ticker: JSE:NPN
 
 
 
 
 
 
 
 
Naspers Ltd.
Naspers Ltd.
Founded in 1915, Naspers is a global internet and entertainment group and one of the largest technology investors in the world. Operating in more than 130 countries and markets with long-term growth potential, Naspers builds leading companies that empower people and enrich communities.
year
2020
rev ($mm)
$4,001.00
EBITDA ($mm)
($512.00)
EBIT ($mm)
($642.00)
Net Income ($mm)
$3,137.00
Employees
25527
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Ticker: TSE:9404
 
 
 
 
 
 
 
 
Nippon TV Holdings
Nippon TV Holdings
Nippon Television Holdings is a holding company that manages and operates broadcast companies in the group, through ownership of shares and stocks. The company was founded in 1952 and is based in Tokyo, Japan.
year
2013
rev ($mm)
$3,175.77
EBITDA ($mm)
$408.65
EBIT ($mm)
$344.70
Net Income ($mm)
$245.98
Employees
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Ticker: NYSE:MDP
 
 
 
 
 
 
 
 
Meredith Corporation
Meredith Corporation
Meredith Corporation has been committed to service journalism for 115 years. Meredith uses multiple distribution platforms – including broadcast television, print, digital, mobile and video – to provide consumers with content they desire and to deliver the messages of its advertising partners.
year
2019
rev ($mm)
$3,139.30
EBITDA ($mm)
$671.10
EBIT ($mm)
$428.70
Net Income ($mm)
$35.40
Employees
5615
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Ticker: SBGI
 
 
 
 
 
 
 
 
Sinclair Broadcast Group
Sinclair Broadcast Group
Sinclair Broadcast Group, Inc. is one of the largest and most diversified television broadcasting companies in the country today. Sinclair owns and operates, programs or provides sales services to 162 television stations in 79 markets.
year
2018
rev ($mm)
$3,055.08
EBITDA ($mm)
$920.99
EBIT ($mm)
$640.90
Net Income ($mm)
$341.24
Employees
9000
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Ticker: GHC
 
 
 
 
 
 
 
 
Graham Holdings Company
Graham Holdings Company
Graham Holdings Company is a diversified education and media company whose operations include educational services; television broadcasting; online, print and local TV news; home health and hospice care; and manufacturing.
year
2019
rev ($mm)
$2,857.71
EBITDA ($mm)
$413.40
EBIT ($mm)
$302.95
Net Income ($mm)
$238.66
Employees
14297
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Ticker: GCI
 
 
 
 
 
 
 
 
Gannett Co., Inc.
Gannett Co., Inc.
Gannett is a leading media and marketing company with unparalleled local-to-national reach, successfully connecting consumers, communities and businesses. They provide rich content through hundreds of outstanding affiliated digital, mobile and print products.
year
2020
rev ($mm)
$2,791.61
EBITDA ($mm)
$291.72
EBIT ($mm)
$120.84
Net Income ($mm)
Employees
21255
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Ticker: NXST
 
 
 
 
 
 
 
 
Nexstar Broadcasting
Nexstar Broadcasting
Nexstar Broadcasting Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms.
year
2019
rev ($mm)
$2,737.26
EBITDA ($mm)
$974.51
EBIT ($mm)
$704.10
Net Income ($mm)
$270.16
Employees
8604
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Ticker: TGNA
 
 
 
 
 
 
 
 
TEGNA Inc.
TEGNA Inc.
TEGNA Inc. is an innovative media company that serves the greater good of communities. With 49 television stations and two radio stations in 41 markets, TEGNA delivers relevant content and information to consumers across platforms.
year
2019
rev ($mm)
$2,221.95
EBITDA ($mm)
$782.85
EBIT ($mm)
$692.71
Net Income ($mm)
$424.46
Employees
5336
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Ticker: GTN
 
 
 
 
 
 
 
 
Gray Television, Inc.
Gray Television, Inc.
Gray Television is a television broadcast company headquartered in Atlanta, Georgia, that owns and operates television stations and leading digital assets in markets throughout the US. They own and operate television stations in 45 television markets broadcasting a total of 150 programming streams.
year
2020
rev ($mm)
$2,138.00
EBITDA ($mm)
$781.00
EBIT ($mm)
$588.00
Net Income ($mm)
$250.00
Employees
7465
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Ticker: MTG B
 
 
 
 
 
 
 
 
Modern Times Group MTG AB
Modern Times Group MTG AB
MTG (Modern Times Group MTG AB) is an international entertainment group. Their operations span six continents and include TV channels and platforms, online services, content production businesses and radio stations.
year
2019
rev ($mm)
$2,134.41
EBITDA ($mm)
$209.25
EBIT ($mm)
$170.92
Net Income ($mm)
$1,618.99
Employees
3305
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Ticker: SSP
 
 
 
 
 
 
 
 
The E.W. Scripps Company
The E.W. Scripps Company
The E.W. Scripps Company serves audiences and businesses through a growing portfolio of local and national media brands. With 33 television stations, Scripps is one of the nation's largest independent TV station owners.
year
2020
rev ($mm)
$1,599.45
EBITDA ($mm)
$179.98
EBIT ($mm)
$75.54
Net Income ($mm)
Employees
5900
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Ticker: BME:A3M
 
 
 
 
 
 
 
 
Atresmedia Corporación de Medios de Comunicación, S.A.
Atresmedia Corporación de Medios de Comunicación, S.A.
Atresmedia, together with its subsidiaries, engages in the television, radio, cinema, the Internet, and advertising businesses. The company operates 57 television channels and 31 radio stations in Germany, France, Belgium, Holland, Luxembourg, Spain, Hungary, Croatia, and the Southeast Asia.
year
2017
rev ($mm)
$1,089.90
EBITDA ($mm)
$222.76
EBIT ($mm)
$207.24
Net Income ($mm)
$145.84
Employees
1960
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Ticker: BMV:AZTECA CPO
 
 
 
 
 
 
 
 
TV Azteca, S.A. de C.V.
TV Azteca produces Spanish-language television programming. The Company operates two national television networks in Mexico through owned and operated stations throughout the country. TV Azteca also operates a broadcast television network targeted toward the Hispanic market in the US.
year
2017
rev ($mm)
$817.84
EBITDA ($mm)
$140.88
EBIT ($mm)
$86.49
Net Income ($mm)
Employees
4489
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